May 03, 2004
1429:10000
For every 10000 shares held, investors received 1429.
The split itself did not change the total investment value.
Polynovo Limited (ASX:PNV) operates in the Biotechnology industry.
Polynovo Limited company overviewPolynovo Limited's most recent stock split was on May 3, 2004. It was a 1429-for-10000 reverse split, so shareholders received 1429 shares for every 10000 they held.
Polynovo Limited has split its stock once. This history records one reverse split, on May 3, 2004.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Polynovo Limited's 1429-for-10000 reverse split on May 3, 2004, every 10000 shares became 1429 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Polynovo Limited has not announced a new split in our records. Its most recent split was on May 3, 2004, 22 years ago. Companies announce splits in advance, and any new ASX:PNV split will appear on this page.
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